Farm Service Agency (FSA) released the first 2021 crop acreage report last week, and it should be no surprise to Hemp Bulletin readers that acreage has decreased since 2020. The scope of these reductions is somewhat of a surprise, particularly in the seed category. This segment was a due a “correction” based on overall reduced planting – requiring less seed.
Consolidation and continued professionalization of this segment has eliminated much of the shady seed dealings, but hemp seeds will continue to create drama in this industry. Much of the small-scale seed production is likely not reported to FSA.
The FSA has a category for ‘grain’ (hempseed) and ‘seed’. There is likely some crossover in categorizing crops, with some producers choosing ‘seed’ as their category for a hempseed grain crop. The numbers say a lot, in broad…
05.14.2024
LCFS credit trading volumes, prices decline on week
California Low Carbon Fuel Standard (LCFS) credit volumes declined sharply while the average credit price moved lower in the week ended Sunday May 12, according to the figures released...
05.14.2024
Animal fats prices steady on the week; Weekly average DCO 36.89% under three year average
Animal fats prices were flat on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the Fastmarket’s Biofuels...
05.14.2024
Dog, cat food exports for Q1 2024 drop in price, volume year on year
Animal proteins prices were steady to lower on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the...